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#2 in Banks
of 20 ranked entries
Global systemically important bank · Founded 1904
Founded as the Bank of Italy to serve immigrant communities other banks would not, Bank of America has grown into one of the largest retail branch networks in the country while maintaining a substantial wealth-management and investment-banking arm through Merrill. Recorded specifics: founded 1904, headquarters Charlotte, USA, type Global systemically important bank. Panel highlighted one of the largest retail branch and ATM networks in the United States, merrill wealth-management arm adds genuine investment-services depth and strong, sustained investment in mobile and digital banking tools. The reservation on record is legacy technology integration from past mergers still surfaces occasionally.
Score breakdown
Each criterion is scored independently, then combined using the weights published on Banks.
On the record
| Founded | 1904 |
|---|---|
| Headquarters | Charlotte, USA |
| Type | Global systemically important bank |
| Rating | 9.0 |
Panel verdict
What it gets right
Where it gives ground
1 appearance
From the same list
Global systemically important bank · Founded 1799
JPMorgan Chase traces its lineage to The Manhattan Company, and the modern institution formed by the 2000 merger of J.P. Morgan and Chase is now the largest bank in the United States by assets, spanning retail, investment banking and asset management under one roof.
Global systemically important bank · Founded 1852
Wells Fargo built its identity on the Old West stagecoach and a genuinely deep branch and mortgage-lending network, though a 2016 sales-practices scandal did lasting damage to customer trust that the bank has spent years rebuilding under regulatory oversight.
Global systemically important bank · Founded 1812
Citigroup’s lineage runs back to City Bank of New York, and the modern institution remains the most internationally distributed of the major US banks, with genuine retail and institutional presence across dozens of countries most domestic-focused rivals do not touch.
Investment bank · Founded 1869
Goldman Sachs remains the clearest pure-play investment banking brand among the major US institutions, with advisory and trading franchises that consistently rank at or near the top of global league tables even after its retreat from consumer banking.
Investment bank · Founded 1935
Morgan Stanley split from J.P. Morgan under Depression-era banking law and rebuilt itself into a wealth-management powerhouse through its acquisitions of Smith Barney and E*TRADE, diversifying away from pure trading revenue more successfully than most peers.
Global systemically important bank · Founded 1865
Originally founded to finance trade between Europe and Asia, HSBC remains the most Asia-weighted of the major Western banking groups, with a genuine dual identity spanning London’s regulatory home and Hong Kong’s commercial roots.
Global systemically important bank · Founded 2000
Formed by the merger of Banque Nationale de Paris and Paribas, BNP Paribas is the largest bank in the eurozone by assets and carries one of the most diversified retail-and-investment-banking models among major European institutions.
Global systemically important bank · Founded 1870
Deutsche Bank remains Germany’s largest bank and its clearest link to global investment banking, though the institution spent much of the 2010s working through a lengthy restructuring aimed at rebuilding capital strength after a difficult post-crisis decade.
Top 49 rankings are editorial. Scores are produced from the published criteria on each list and are refreshed on the cadence stated there. Figures shown across this section are curated demonstration data.